Monday, July 27, 2026
Nigeria, Libya responsible for hike in OPEC June oil output to 32.47mbpd
Recovery in oil production in Nigeria and Libya led to a hike in total Organisation of Petroleum Exporting Countries (OPEC)...
Read moreDetailsOil near $44 as Saudi Arabia’s output increase raises doubts
Oil futures were little changed in New York, trading near $44 a barrel following a report that Saudi Arabia exceeded...
Read moreDetailsNigerian equities sustain bullish sentiments as market index up 0.6%
The Nigerian equities market sustained its upbeat performance in Tuesday trading session as the benchmark index climbed 0.6 percent to...
Read moreDetailsNigeria’s Inflation seen declining marginally in June on exchange rate gains, waning base year effects
Ahead of the release of inflation data for the month of June by Nigeria’s statistical agency, the Nigeria Bureau of...
Read moreDetailsHuawei, WorldRemit in new mobile money transfer deal for Africa
World Remit, the digital money transfer service and Chinese smartphone maker, Huawei, have teamed up to enable the international transfer...
Read moreDetailsHigh priced stocks help Nigerian bourse index close positive despite dip in turnover
Sentiments at the Nigeria’s equities market remained positive Monday as the bourse index appreciated 0.48 percent to close at 32,614.60...
Read moreDetailsProgrammed-trading seen distorting oil prices as swings confound traders
Energy analysts and investors, who are hard put on figuring out oil markets this year, are blaming algorithmic traders for...
Read moreDetailsEtisalat UAE gives Etisalat Nigeria three weeks deadline to stop using brand name
Debt-troubled Etisalat has finally terminated its management agreement with its erstwhile Nigerian arm, giving the business a three-week timeline for...
Read moreDetailsCitigroup analyst sees oil selling at $60 per barrel by year-end
Crude oil could end the year selling at $60 per barrel if a call by Citigroup senior energy analyst, Eric...
Read moreDetails$1 trillion investments lost in ongoing global oil industry downturn
A whooping sum of $1trillion in investments is estimated to have been lost by crude oil investors in the current...
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